Strong capital base, in terms of both quality and quantity Strong liquidity and stable funding base, backed by its strong deposit base, which is well diversified. Stable business franchise in its home market of Kumamoto prefecture Low profitability compared to other Japanese regional banks Limited prospects of growth in revenue, which reflect the state of the local economy Standard & Poor's bases its ratings on Higo bank on the bank's "adequate" business position, "strong" capital and earnings, "adequate" risk position, "average" funding, and "strong" liquidity. Higo Bank's stand-alone credit profile (SACP), which excludes extraordinary government support, is 'a'. Our bank criteria use our BICRA economic risk and industry risk scores to determine a bank's anchor SACP, the starting point in...
Companies mentioned in this report are: Higo Bank Ltd.
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